Zhuguang Holdings Group Co (HKSE:01176) Interest Expense : HK$-1,124 Mil (TTM As of Dec. 2023)

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What is Zhuguang Holdings Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhuguang Holdings Group Co's interest expense for the six months ended in Dec. 2023 was HK$ -631 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1,124 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Zhuguang Holdings Group Co's Operating Income for the six months ended in Dec. 2023 was HK$ 467 Mil. Zhuguang Holdings Group Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -631 Mil. Zhuguang Holdings Group Co's Interest Coverage for the quarter that ended in Dec. 2023 was 0.74. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Zhuguang Holdings Group Co Interest Expense Historical Data

The historical data trend for Zhuguang Holdings Group Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zhuguang Holdings Group Co Interest Expense Chart

Zhuguang Holdings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1,503.92

-1,517.36

-1,510.80

-1,270.11

-1,123.93

Zhuguang Holdings Group Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-710.80	-700.20	-569.91	-492.91	-631.01

Zhuguang Holdings Group Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1,124 Mil.

Zhuguang Holdings Group Co (HKSE:01176) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Zhuguang Holdings Group Co's Interest Expense for the six months ended in Dec. 2023 was HK$-631 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$467 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$5,337 Mil.

Zhuguang Holdings Group Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	466.648	/	-631.014
	=	0.74

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Zhuguang Holdings Group Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Zhuguang Holdings Group Co (HKSE:01176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhuguang Holdings Group Co Ltd (HKSE:01176) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Finance Street, Room 5702-5703, 57th Floor, Two International Finance Centre, Central, Hong Kong, HKG

Website

http://www.zhuguang.com.hk

Zhuguang Holdings Group Co Ltd engages in property development, property investment, project management, and other property development related services in the People's Republic of China. The company's core investment projects take place in tier-one and tier-two cities in China. The group's key projects include Zhuguang Yujing Scenic Garden, Pearl Yijing, Pearl Tianhu Yujing Garden, Zhuguang Financial Town One, Pearl Xincheng Yujing, and many others. The sale of properties from the Property Development Segment are responsible for most of the company's revenue. The company earns its revenue in both Hong Kong and Mainland China.

Executives

Rong De Investments Limited	2101 Beneficial owner
Liao Tengjia	2201 Interest of corporation controlled by you
Chu Hing Tsung	2201 Interest of corporation controlled by you
Quan Xing Holdings Limited	2101 Beneficial owner
Cheung Fong Wing	2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd.
Ying Ri You Xian Gong Si	2101 Beneficial owner
Zhong Guo Nong Ye Yin Xing Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Nong Yin Guo Ji Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Nong Yin Guo Ji Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited	2201 Interest of corporation controlled by you
China Cinda (hk) Asset Management Co., Limited	2201 Interest of corporation controlled by you

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